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beneteau (BEN) Details

Bénéteau S.A. manufactures and sells boats and mobile homes in France, North America, South America, Europe, Asia, and internationally. The company offers mono-and multi-hull sailboats, powerboats, yachts, passenger boats, and working boats under the CNB Yachts, LAGOON, Jeanneau, BENETEAU, Prestige, CNB Superyachts, Monte Carlo Yachts, and CNB PRO brand names. It also provides mobile homes under the IRM and O'HARA brands, as well as wooden frame houses under the BH brand. In addition, it provides related services to facilitate the purchase and resale of the boats. Bénéteau S.A. was founded in 1884 and is based in Saint Gilles Croix de Vie, France. Bénéteau S.A. is a subsidiary of BERI 21 S.A.

beneteau (BEN) Key Developments

Bénéteau Group Provides Earnings Guidance for the Fiscal 2015

Jan 29 15

Bénéteau Group announced that the Group expects EUR 979 million in consolidated revenues for the fiscal 2015, up 21% from the fiscal 2014, and nearly EUR 37 million in income from ordinary operations, compared with 11.7 million the previous year. EBITDA for the year is expected to exceed EUR 100 million, compared with EUR 67 million for the fiscal 2014. After factoring in primarily the foreign exchange effect and tax, net income (Group share) is expected to more than double, coming in at over EUR 20 million, compared with EUR 9.7 million the previous year. With nearly 90 million in operating cash-flow and a reduction in operational working capital requirements, overall net debt is expected to be reduced by around EUR 40 million over the year. On this basis, it is expected to represent around EUR 10 million, compared with EUR 504.4 million in shareholders' equity at August 31 last year.

Bénéteau S.A., Annual General Meeting, Jan 30, 2015

Jan 12 15

Bénéteau S.A., Annual General Meeting, Jan 30, 2015.

Beneteau Group Announces Consolidated Revenues Results for the First Quarter Ended November 2015

Jan 8 15

Beneteau Group announced consolidated revenues results for the first quarter ended November 2015. For the quarter, consolidated revenues were EUR 106.8 million compared with EUR 89.8 million a year ago.

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